UKOIL in Ascending Triangle! { +HD }

28. Jan. 2021

So if you pay attention to the UKOIL chart you can see that the price has formed a Ascending triangle which means it is expected to price move as equal as the measured price movement.( AB=CD )
NOTE: wait for break of the Triangle.

If you pay attention to the STOCHASTIC you can see that there is a hidden bullish divergence . So this means that the chance of increasing in the price is a lot higher than decreasing.
So we can expect that the price would increase accordingly.

Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.

Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!

Thank you for seeing idea .
Have a nice day and Good luck.

8. Feb. 2021

Trade geschlossen: Ziel wurde erreicht